Microsoft Theater is centrally located within L.A. LIVE, a 4 million square-foot/$2.5 billion downtown Los Angeles sports, entertainment and residential district adjacent to STAPLES Center and the Los Angeles Convention Center. L.A. LIVE also features a 54-story, 1000 room convention “headquarters” hotel (combining the JW Marriott and The Ritz-Carlton brands and 224 luxury condominiums – The Ritz-Carlton Residences at L.A. LIVE, The Novo (a 2,200 capacity live music venue), a 14-screen Regal Cineplex, ESPN West Coast broadcast facilities and over 20 restaurants and dining options.